Dictionary
sigma
noun
The eighteenth letter of the Classical and Modern Greek, the twentieth letter of Old and Ancient.
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With a statistical significance (sigma) of just 3.2, it had one chance in around 1,300 of being a random fluctuation well short of the sigma 5 (less than one chance in 3.5m) needed to pronounce a new discovery.
They put the mass of the Higgs in a narrower band around 125GeV.A quick unofficial combination of the latest LHC and Tevatron results shows a signal in excess of 4 sigma, cutting the odds of a fluke to one in 15,000 or so.
Taught by experience, they hew to an extravagant standard for claiming discoveries one chance in 3.5m that their data were a random fluctuation, or 5 sigma in the jargon.
Tasks are broken into modules, examined and reworked to reduce errors, improve consistency and speed things up.In both industries, the influence in India of GE, which has applied the "six sigma" method of quality improvements to its industrial businesses for years, is pervasive.
Each time he launches a drive such as six sigma, which cut costs by reducing the error rate, he also gives his troops a new goal.
His firm has long been a champion of Six Sigma.
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GE has its own legends of "six-sigma" manufacturing excellence and frugal innovation.
Much of his time goes into reducing cycle times and implementing GE's "six-sigma" quality-management.
For all GE's rhetoric about "six-sigma" factory floor techniques, it was really a giant financial punt.Perhaps cowed by his predecessor, Mr Immelt showed little inclination to shrink GE's finance arm when he took over.
From its investor-relations department comes the usual soothing patter about the company's wonderful business model and its world-famous management initiatives (Six-Sigma, digitisation and so on).
Six-sigma "black belts" hurtle about Wipro's 100-acre technology campus in Bangalore, improving everything from software coding to the way the company cleans its toilets.
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